306 W 16TH ST, GEORGETOWN, TX 78626
GEORGETOWN, 78626 — williamson County
Property at a Glance
This home is estimated between $273,747 and $438,835, with a best estimate of $323,759. That places the property below the G652H - Old Town Gtown Class H1 & H2 median of $409,550, in a neighborhood that declined 18.5% over the past year.
Estimated Value Range
$323,759
$337,358
Based on 5 comparable properties(2 in the same subdivision)
There are 5 comparable properties within range, but few are in G652H - Old Town Gtown Class H1 & H2. The estimated range of $273,747 and $438,835 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$38,681 for 118 sqft more living space and -$5,957 for being older and -$93,832 for no garage. Net adjustment: -$61,108.
Adjusted +$15,079 for 46 sqft more living space and -$2,978 for being older and -$93,832 for no garage. Net adjustment: -$81,731.
Adjusted +$2,622 for 8 sqft more living space and -$29,783 for being older. Net adjustment: -$27,161.
Adjusted +$54,416 for 166 sqft more living space and -$20,848 for being older. Net adjustment: +$33,568.
Adjusted -$5,245 for 16 sqft less living space and +$13,700 for being newer. Net adjustment: +$8,455.
The Neighborhood
This home is valued 17.6% below the G652H - Old Town Gtown Class H1 & H2 median of $409,550. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 18.5% over the past year.
G652H - Old Town Gtown Class H1 & H2
below averageThis home is -17.6% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,042 across all districts. With a homestead exemption claimed, that drops to $3,471 — saving $1,571 per year. That's $289 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Georgetown ISD | School | 1.0506% | $2,915 |
| Williamson County | County | 0.3694% | $1,025 |
| Georgetown | City | 0.3530% | $979 |
| Williamson County FM/Rd | County | 0.0443% | $123 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.8174% | $5,042 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $323,759 would pay approximately $2,021 per month (principal and interest only, excluding taxes and insurance).